Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Coda Octopus Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CODA's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CODA underperformed the US Electronic industry which returned -1.6% over the past year.
Return vs Market: CODA underperformed the US Market which returned 6% over the past year.
Price Volatility Vs. Market
How volatile is Coda Octopus Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StRead This Before Buying Coda Octopus Group, Inc. (NASDAQ:CODA) Shares
1 month ago | Simply Wall StCoda Octopus Group, Inc. (NASDAQ:CODA) Is Employing Capital Very Effectively
1 month ago | Simply Wall StHow Much Of Coda Octopus Group, Inc. (NASDAQ:CODA) Do Insiders Own?
Is Coda Octopus Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CODA ($4.81) is trading above our estimate of fair value ($3.93)
Significantly Below Fair Value: CODA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CODA is good value based on its PE Ratio (16.6x) compared to the Electronic industry average (20.2x).
PE vs Market: CODA is poor value based on its PE Ratio (16.6x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: CODA is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: CODA is good value based on its PB Ratio (1.6x) compared to the US Electronic industry average (1.8x).
How is Coda Octopus Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CODA's forecast earnings growth (69.2% per year) is above the savings rate (2.2%).
Earnings vs Market: CODA's earnings (69.2% per year) are forecast to grow faster than the US market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CODA's revenue (17% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: CODA's revenue (17% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CODA's Return on Equity is forecast to be high in 3 years time
How has Coda Octopus Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CODA has high quality earnings.
Growing Profit Margin: CODA's current net profit margins (13.8%) are lower than last year (35.2%).
Past Earnings Growth Analysis
Earnings Trend: CODA's earnings have grown significantly by 20.7% per year over the past 5 years.
Accelerating Growth: CODA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CODA had negative earnings growth (-63.4%) over the past year, making it difficult to compare to the Electronic industry average (-6.6%).
Return on Equity
High ROE: CODA's Return on Equity (9.9%) is considered low.
How is Coda Octopus Group's financial position?
Financial Position Analysis
Short Term Liabilities: CODA's short term assets ($26.2M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: CODA's short term assets ($26.2M) exceed its long term liabilities ($902.3K).
Debt to Equity History and Analysis
Debt Level: CODA's debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: CODA's debt to equity ratio has reduced from 535% to 4.3% over the past 5 years.
Debt Coverage: CODA's debt is well covered by operating cash flow (367.3%).
Interest Coverage: CODA's interest payments on its debt are well covered by EBIT (47.2x coverage).
What is Coda Octopus Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CODA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CODA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CODA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CODA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CODA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Annmarie Gayle (53yo)
Ms. Annmarie Gayle, LL.B, LLM has been the Chief Executive Officer of Coda Octopus Group, Inc. since September 2011 and as its Chairman of the Board since March 2017. Ms. Gayle served as Senior Vice Presid ...
CEO Compensation Analysis
Compensation vs Market: Annmarie's total compensation ($USD255.00K) is below average for companies of similar size in the US market ($USD609.39K).
Compensation vs Earnings: Annmarie's compensation has been consistent with company performance over the past year.
|CEO & Chairman||8.83yrs||US$255.00k||0.12% $62.7k|
|Chief Financial Officer||7.5yrs||US$207.48k||0.066% $34.4k|
|President of Technology||15.5yrs||US$197.95k||0.23% $116.9k|
Experienced Management: CODA's management team is seasoned and experienced (8.8 years average tenure).
|CEO & Chairman||8.83yrs||US$255.00k||0.12% $62.7k|
|Independent Director||3yrs||US$40.00k||0.53% $274.9k|
|Independent Director||10.08yrs||US$40.00k||0.066% $34.4k|
|Independent Director||2yrs||US$82.29k||7.99% $4.1m|
|Independent Director||0.83yr||US$3.44k||0.11% $55.0k|
Experienced Board: CODA's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Coda Octopus Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Coda Octopus Group, Inc.
- Ticker: CODA
- Exchange: NasdaqCM
- Founded: 1994
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$51.717m
- Shares outstanding: 10.75m
- Website: https://www.codaoctopusgroup.com
Number of Employees
- Coda Octopus Group, Inc.
- 3300 South Hiawassee Road
- Suite 104-105
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CODA||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||Sep 2004|
Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It offers CodaOctopus GeoSurvey data acquisition and interpretation software; acquisition products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus GeoSurvey productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. The company also provides motion sensing products, which include Octopus F180 and F170 products that bring accurate positioning and motion data into offshore conditions for marine survey applications. In addition, it offers CodaOctopus underwater inspection system; 3D MATT, a multiple automatic target tracking solution used for diver tracking; and Echoscope and construction monitoring software used for tracking and placement of single layer armor blocks used in breakwater construction; and 4G Underwater Survey Explorer that provides real-time visualization and automation processing for sonar software. Further, the company provides engineering services and embedded solutions, such as mission computers to prime defense contractors; and Thermite rugged visual computers, subsea telemetry and data acquisition systems, rugged workstations, analog-to-digital converters, and rugged LCD displays. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 00:01|
|End of Day Share Price||2020/07/08 00:00|